Business News

New “Technology Elevated” identity reflects expanded capabilities in AI, data and cloud, and a shift toward digital engineering leadership

S$5 million investment and five-year mandate position Singapore as a hub for regional growth and product innovation

In a country where 2.5 million SMEs generate more than half of GDP, those are not trivial frustrations.

Aberdeen Investments today announced the appointment of Vivian Tang as Head of the APAC Client Group, expanding her leadership role across the Asia-Pacific region. Tang, who joined the firm in 2022 as Head of Institutional Business – Asia-Pacific, will continue to lead Aberdeen’s institutional business while taking on additional responsibility for overseeing wholesale distribution across […]

TestMu AI, formerly known as LambdaTest, today announced the launch of its TestMu AI Cloud GitHub App, a new integration designed to bring its autonomous AI testing agent, KaneAI, directly into the GitHub pull request workflow. The company said the move aims to streamline software validation by enabling developers to generate, execute, and analyze tests […]

Singapore is the only Asian economy in the global top tier, recording the lowest risk score across all countries assessed

More than 200 leaders from Trade Associations and Chambers (TACs) and industry gathered at the TAC Summit 2026, where the refreshed TAC Alliance 2.0 was officially launched to enhance collaboration and better support businesses navigating a volatile global environment. The new initiative was unveiled by Ms Low Yen Ling, Senior Minister of State for Trade […]

Bitdeer Technologies Group (NASDAQ: BTDR) today announced the launch of its SEALMINER A4 series of Bitcoin mining rigs, achieving a record power efficiency of 9.45 J/TH. The new series integrates Bitdeer’s proprietary SEAL04 chips, built on advanced process nodes, and is designed to deliver high performance and operational stability for large-scale mining operations. The SEALMINER […]

VinFast has launched a new rental program for its electric vehicles in Indonesia and the Philippines, aiming to expand access for ride-hailing and transport service drivers and promote greener mobility in the region. The program offers drivers flexible options to rent or purchase vehicles from VinFast’s Green lineup, including Herio Green and Limo Green. Rental […]

Janus Henderson Investors is further strengthening its presence in Switzerland with the appointment of Genico Reyes as Director of Institutional Sales, effective 1 April 2026. Reyes will be based in Zurich and report to Marc Theis, Head of Switzerland & Liechtenstein. In his new role, Reyes will focus on developing Janus Henderson’s institutional business in […]

Lombard Odier, the Swiss private bank, has strengthened its presence in Asia with the appointment of four seasoned bankers across North and Southeast Asia. The move underscores the bank’s commitment to enhancing client coverage and delivering tailored wealth management solutions in the region. Joining Lombard Odier’s Private Clients Team are Eugene Chan, Team Leader for […]

The city-state is becoming a testing ground for something far more transformative

Global private markets firm Partners Group has announced the appointment of Pete Zippelius as Co-Head of its Private Equity Health & Life business, further strengthening its leadership team in the healthcare investment space. Zippelius is set to join the firm’s U.S. headquarters in September 2026, where he will work alongside Benjamin Breier, who has served […]

HSBC Swiss Private Bank today announced the appointment of Alfonso Gómez as Chief Executive Officer (CEO), effective 27 April. He will be based in Geneva and report to Ida Liu, CEO of HSBC Private Bank. Alfonso Gómez brings more than 30 years of experience in Swiss and international wealth management. He joins from Banco Bilbao […]

SIX today announced the appointment of Markus Habbel as its new Chief Financial Officer (CFO), effective 1 June. He will also join the company’s Group Executive Board. Habbel succeeds Daniel Schmuckli, who will step down at the end of July, following a previously announced transition. Habbel brings nearly 30 years of international experience across finance, […]

Amundi, one of Europe’s leading asset managers, today announced the appointment of Carine Souvannavong as Head of Corporate Clients, Asia Ex-China. Based in Hong Kong, Souvannavong will focus on expanding Amundi’s corporate client business across the region, targeting treasury teams, pension funds, family offices, and reinsurance clients. In her new role, Souvannavong will report to […]

HSBC has announced key appointments to bolster its wealth management and private banking operations in China, reinforcing the bank’s commitment to sustainable growth and superior client experience. Max Xu has been appointed Head of International Wealth and Premier Banking (IWPB), HSBC China, effective April 1. In this role, Xu will report to Mark Wang, CEO […]

MilikiRumah today shared leadership insights from Co-Founder and Chief Executive Officer Winston Lee, highlighting the key factors accelerating innovation in the real estate sector across Southeast Asia. According to the company, adoption of technology and artificial intelligence (AI) in real estate is being driven by three primary factors: cost, efficiency, and quality. These drivers are […]

Wolters Kluwer today announced the inauguration of a new office in Pune, marking a significant expansion of its technology and engineering capabilities in India. The facility strengthens Pune’s position as the company’s largest global engineering hub. The new office is part of Wolters Kluwer’s ongoing investment in India’s technology ecosystem and is designed to support […]

TestMu AI, the full-stack Agentic AI Quality Engineering platform, announced today the launch of TestMu AI Browser Cloud, a web infrastructure platform designed to enable AI agents to operate reliably and at enterprise scale. The platform addresses a growing challenge for enterprises deploying AI agents: traditional browser infrastructure is built for human-paced interactions, which limits […]

DWS, the German asset manager, has appointed Lee Tae‑Young as the new Chief Executive Officer (CEO) of Korea, marking a key leadership transition in one of its most strategically important markets. Lee Tae‑Young brings over 25 years of asset management experience, including 23 years with DWS, to his new role. He will report directly to […]

Singlife has appointed Leo Mun Wai as an independent non-executive director to the boards of Singapore Life Holdings Pte. Ltd. and Singapore Life Ltd, the company announced. In his new role, Leo will also serve on the board’s risk and audit committees. Leo brings more than 30 years of experience in the financial sector, including […]

Asia is home to six of the world’s top 10 financial centers, according to the latest Global Financial Centres Index released by the China Development Institute and Z/Yen Partners. The rankings place New York as the leading global financial hub, followed by London. Hong Kong and Singapore secured the third and fourth positions, respectively. Other […]

Southeast Asia’s legal-tech sector is entering a new phase in 2026, as companies move beyond basic generative AI tools to adopt “agentic AI” systems capable of handling complex legal workflows with limited human intervention. The shift follows widespread adoption of AI across the region. According to the Legal Innovation Report Asia 2026: AI Meets Law […]

Standard Chartered has appointed Jan Metzger as Global Head of Coverage Banking within its Corporate and Investment Banking (CIB) division, the bank announced. Based in Hong Kong, Metzger will join the CIB management team and report directly to Roberto Hoornweg, CEO of Corporate and Investment Banking. Metzger brings over 20 years of experience across Asia, […]

The VinFast VF 3 is driving a growing transition among Indonesian consumers from motorbikes to electric cars, as affordability, ease of use, and improved comfort reshape urban mobility preferences. Traditionally, moving from motorbikes to cars in Indonesia has been constrained by cost and practicality. However, the VF 3, a compact electric mini-SUV, is gaining traction […]

Sygnum, the regulated digital asset bank bridging Asia and Europe, reports strong momentum in institutional crypto adoption across Asia, driven by recent regulatory clarity in the United States. Gerald Goh, Co-Founder of Sygnum and CEO of Sygnum Asia-Pacific, highlights growing confidence among high-net-worth investors, with double-digit allocations to digital assets becoming increasingly common. Founded in […]

Timpi and MASQ Network have merged their technologies to create an integrated platform combining decentralised search, private browsing, and distributed VPN capabilities. The combined product will operate under the MASQ brand, while Timpi will continue to provide the underlying independent web index powering the search experience. As part of the announcement, Timpi has launched its […]

Manulife has reinforced its artificial intelligence capabilities in Hong Kong with a new senior appointment and the relocation of a regional AI leader, supporting its vision to become an AI-powered organization. Hongjuan Liu has been appointed Chief AI and Data Officer for Hong Kong and Macau. He will report directly to Patrick Graham, CEO of […]

Asia-Pacific private equity is entering 2026 with renewed investor confidence, driven by a rebound in exit activity and positive net cash flows to investors for the first time since 2021, according to Bain & Company‘s Asia-Pacific Private Equity Report 2026. Exit value in 2025 rose 24% year-on-year, while exit volumes grew 8%. Net distributions to […]